4825 N MARYLAND AVE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97217
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,746 sqft
Price per Sqft $285
Subdivision Overlook / Arbor Lodge
MLS Listing ID 162313511
Year Built 1944
Annual Tax Amount $3,668
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Rare Overlook 1944 Triplex with 582 sq ft units offers cash flow, equity building & portfolio diversification! Well cared for and recently upgraded units are move in ready( 1 unit occupied). Solid 1944 construction. So many options- multi generational living, ideal owner occupant property, co-housing or reimagine the property to suit your vision. Having 3 units dramatically increases income potential! 35x46 side yard gives possible future development potential or lovely garden space. Unit 1 has new mini split system for A/C and heating, all new plank vinyl flooring, sweet new kitchen, all appliances included, stackable Washer & Dryer, cottage pane windows, newer vinyl windows large bedroom and updated bathroom! Unit 2 is currently occupied with similar floor plan, gas range, refrigerator & stackable Washer/Dryer. Unit 3 has oversized vinyl windows, plank vinyl flooring, cute kitchen, big bedroom, updated bathroom and W/D hook up. 2 units left vacant for ease of sale. Each unit has it's own electric panel and H2O heater. Sought after Overlook location is near MAX, vibrant Mississippi & Arbor Lodge neighborhoods, shopping, transit, I5 and parks! (3) 1 level, side by side units in turn key condition in an area of constant demand for under $500k! Generate income from 2 units and occupy 1 for around $1000 per month! Approx market rents are from $1495-$1295.00. 10 out of 10 Home Energy Score! 6240 oversized lot, fenced, large area for garden or potential future development! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241225]
Location
State OR
County Multnomah
Community Alllandscaping
Area _141
Zoning EXD
Rooms
Basement Crawl Space
Interior
Heating Mini Split, Wall Furnace, Zoned
Cooling Central Air, Mini Split
Exterior
Community Features AllLandscaping
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Beach
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional